Property Type: Land / LotOwnership: Freehold

61 SANDSTONE Circle

Invermere, BC V0A1K6

$124,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.21 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$15/mo
Annual property tax
$956.16

Interior

Fireplace
None

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10394338
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

This elevated building lot in the Castlerock community provides unobstructed views of the Rocky Mountains and immediate access to the Columbia Valley outdoor lifestyle. The property features a cleared, high-elevation building envelope designed to maximize views, with municipal water and sewer connections already available at the lot line. Buyers benefit from exceptional flexibility, as there is no time commitment to build, allowing investors to hold the land or first-time builders to plan their construction on a custom timeline. Positioned within a highly sought-after neighborhood, the location connects directly to the extensive Castlerock walking and biking trail system. A five-minute drive connects you to downtown Invermere’s 13th Street shops, dining, and the public beaches of Lake Windermere. Panorama Mountain Resort is just a twenty-minute drive away for winter skiing and summer downhill biking. The durable infrastructure and prime location offer a strong foundation for a high-efficiency primary residence or a long-term investment property in a growing alpine market. (id:63159)

Location Insights

Weather

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

3,917

(2021 Census)

+15.5% since 2016

Density: 364.4/km²

Dwellings: 2,238

Median household income: $84,000

After-tax: $75,000

Immigrant population: 11.9%

Top countries of origin (% of total population)

  • United Kingdom3.2% · 125
  • United States of America1.3% · 50
  • Philippines1.1% · 45
  • Germany0.8% · 30
  • Netherlands0.5% · 20
  • Poland0.4% · 15
  • France0.3% · 10
  • South Africa, Republic of0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Eileen Madson Primary SchoolElementary1.9 km
David Thompson SecondarySecondary2.6 km
J Alfred Laird ElementaryElementary2.8 km
Open Doors Alternate EducationSecondary3.7 km
Windermere ElementaryElementary4.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$99,920.00
Periodic payment — Principal & Interest (monthly)$644.65
Additional monthly expenses (strata, tax, utilities, etc.)$95.10
Total monthly cost$739.75
Interest paid over 5-yr term$28,637.36
Balance at end of term$89,878.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,245
Stress test qualifying rate8.09%
Payment you must qualify for$912.42

Cash Needed at Closing

Minimum down payment$6,245
Estimated BC PTT$1,249
Legal / closing costs (typical estimate)$1,500
Total cash needed$8,994

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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